When it comes to receiving money after settling a personal injury case, the timeline can vary depending on a number of factors. On average, processing a typical settlement can take up to six weeks after the resolution of the case. This is due to a number of factors and may differ from case to case. Banks usually hold deposits for 1 to 7 business days, but large amounts of money could cause longer delays.In most cases, your injury lawyer will be able to guide you through the process and keep you informed of the status of your settlement.
Generally, most injured victims receive their compensation checks within six weeks after the settlement date. However, there are several other factors that can delay their payment. Receiving payment can take several weeks to several months after resolving a personal injury case. Some factors, such as medical embargoes or other surrogacy payments, can cause it to take longer to receive the settlement check.Only after deducting all of these fees and payments can your lawyer be able to send you the proceeds from the settlement.
As mentioned above, most injured victims receive settlement funds within about six weeks of the end of negotiations. The time required to finalize a settlement negotiation can vary considerably depending on the specific characteristics of the case. Once a settlement has been determined, the victim can expect to receive their settlement check in about six weeks.There are some exceptions to the rule and delays may occur. A Fresno personal injury lawyer can help you understand the standard process and analyze your case.
If you don't have a personal injury lawyer to help you with your claim, your insurance company will try to close your claim quickly and for the least amount of money possible.Once the check is settled, your Fresno personal injury lawyer can help you distribute the settlement money. This way, you can ensure that all of your medical bills and other costs are taken care of in a timely manner.